Why we LOVE compound interest
Description
Just as Albert Einstein said:
"Compound interest is the eighth wonder of the world.
He who understands it, earns it ...
He who doesn't ... pays it."
Check out our latest Dose of Common Sense Investing to see why compound interest is such an important finance fundamental.
Compound Interest Calculator //
https://www.moneysmart.gov.au/tools-and-resources/calculators-and-apps/compound-interest-calculator
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Advice Disclaimer || Any advice given by the presenter/s has been prepared without considering your individual objectives, financial situation or needs. So, before you act on the advice you should think about whether the advice suits your objectives, financial situation or needs. If the advice relates to acquiring a financial product you should obtain a copy of the Product Disclosure Statement for that product and consider it before making a decision. This presentation has been prepared by Consortium Private Wealth Pty Ltd (ABN 74 616 250 965) (AFSL 495401). If you require advice which takes into account your objectives, financial situation and needs you should speak to a financial adviser.
Robert Goudie, Ashley Rowan and Olivia Glare are authorised representatives of Consortium Private Wealth Pty Ltd. Registered Office: 24A Darlot Street, Horsham VIC 3400 (ABN 74 616 250 965) (AFSL 495401).
The information provided in this article is general in nature only and does not constitute personal financial advice.